NEW YORK--(BUSINESS WIRE)--New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE:SNR) announced today that its Board of Directors has declared a cash dividend on its common stock of $0.23 per share for the quarter ending March 31, 2015. The dividend is payable on April 30, 2015 to shareholders of record on April 17, 2015.
The Company also announced that it intends to declare its future quarterly dividends in conjunction with the announcement of its quarterly earnings. As a result, the next quarterly dividend is expected to be declared at the time the Company announces its results for the quarter ending June 30, 2015.
ABOUT NEW SENIOR
New Senior is a real estate investment trust focused on investing in senior housing properties across the United States. The Company is one of the largest owners of senior housing properties and currently owns 121 properties in 31 states. New Senior is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm. More information about New Senior can be found at www.newseniorinv.com.
